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Veto Switchgears advances on bagging order worth Rs 25 crore

26 Sep 2018 Evaluate

Veto Switchgears & Cables is currently trading at Rs. 136.80, up by 2.10 points or 1.56% from its previous closing of Rs. 134.70 on the BSE.

The scrip opened at Rs. 136.20 and has touched a high and low of Rs. 138.75 and Rs. 135.00 respectively. So far 49888 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 265.00 on 27-Dec-2017 and a 52 week low of Rs. 134.00 on 25-Sep-2018.

Last one week high and low of the scrip stood at Rs. 154.20 and Rs. 134.00 respectively. The current market cap of the company is Rs. 261.49 crore.

The promoters holding in the company stood at 45.94%, while Institutions and Non-Institutions held 6.49% and 47.57% respectively.

Veto Switchgears and Cables has received a purchase order amounting Rs 25 crore for supply of LED Bulb, Lights & Panels from Rudai Lighting.

Veto Switchgears and Cables is engaged in manufacturing of wires & cables, Electrical Accessories & all type of range of led lighting, CFL & Fans.

Peers
Company Name CMP
Waaree Energies 2342.90
Apar Industries 17648.65
Havells India 1040.60
Suzlon Energy 38.96
Siemens 3790.00
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